Current compensation conditions

mark prgrmr at gmail.com
Mon Nov 22 13:59:12 EST 2010


On Mon, Nov 22, 2010 at 1:49 PM, Derek Atkins <derek at ihtfp.com> wrote:
> 2080 implies you're working 40 hours a week, 52 weeks a year.  Normally I
> see people use 2000 instead (you need *some* time off!)  And some
> consultants also add an overhead for time spent between gigs, or looking
> for other work, etc.  It's not unheard of to effectively take the yearly
> salary and /1000 (or less, for short gigs).  The longer the gig, the
> closer to /2000 you can go because you're guaranteed the hours.
> -derek

I understand and mostly agree.  I used 2080 because one, it would be a
more apples-to-apples comparisons with the salaries from the job
listings, and two, because when I'm working a full-time job, I get
paid for vacation and sick time.  As a contractor and getting paid
only when I work, I would also factor in whether or not the job was 40
hours a week or more (or less), in order to adjust the rate to my
personal budget, which is based on a full-time schedule.  So if the
job were only 30 hours a week, I'd increase the rate 20-25%, depending
on whether I was worried about pricing myself out of the job.  Of
course, there have been contract opportunities where I was more than
happy to do just that.

mark



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